PEBK

Peoples Bancorp of North CarolinaNasdaqGM:PEBK Stock Report

Market Cap

US$156.7m

7D

-3.4%

1Y

62.3%

Updated

18 Sep, 2021

Data

Company Financials
PEBK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

PEBK Overview

Peoples Bancorp of North Carolina, Inc. operates as a bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses.

Peoples Bancorp of North Carolina Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Peoples Bancorp of North Carolina
Historical stock prices
Current Share PriceUS$27.06
52 Week HighUS$15.21
52 Week LowUS$29.69
Beta0.95
1 Month Change-3.60%
3 Month Change9.42%
1 Year Change62.33%
3 Year Change-6.66%
5 Year Change44.78%
Change since IPO618.13%

Recent News & Updates

Aug 23
Peoples Bancorp of North Carolina's (NASDAQ:PEBK) Dividend Will Be Increased To US$0.17

Peoples Bancorp of North Carolina's (NASDAQ:PEBK) Dividend Will Be Increased To US$0.17

Peoples Bancorp of North Carolina, Inc. ( NASDAQ:PEBK ) will increase its dividend on the 15th of September to US$0.17...

Shareholder Returns

PEBKUS BanksUS Market
7D-3.4%0.9%-0.6%
1Y62.3%63.3%33.8%

Return vs Industry: PEBK matched the US Banks industry which returned 63.3% over the past year.

Return vs Market: PEBK exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is PEBK's price volatile compared to industry and market?
PEBK volatility
PEBK Beta0.95
Industry Beta1.37
Market Beta1

Stable Share Price: PEBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: PEBK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1912304Lance Sellershttps://www.peoplesbanknc.com

Peoples Bancorp of North Carolina, Inc. operates as a bank holding company for Peoples Bank that provides various commercial and consumer banking products and services to individuals and small to medium-sized businesses. It offers checking, savings, money market, and time deposits; demand deposits; and certificates of deposit. The company’s loan products comprise commercial real estate, commercial, construction and land development, single-family residential, residential mortgage, and individual taxpayer identification number mortgage loans, as well as agricultural loans.

Peoples Bancorp of North Carolina Fundamentals Summary

How do Peoples Bancorp of North Carolina's earnings and revenue compare to its market cap?
PEBK fundamental statistics
Market CapUS$156.65m
Earnings (TTM)US$15.17m
Revenue (TTM)US$69.32m

10.3x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PEBK income statement (TTM)
RevenueUS$69.32m
Cost of RevenueUS$0
Gross ProfitUS$69.32m
ExpensesUS$54.16m
EarningsUS$15.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.62
Gross Margin100.00%
Net Profit Margin21.88%
Debt/Equity Ratio32.1%

How did PEBK perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is Peoples Bancorp of North Carolina undervalued compared to its fair value and its price relative to the market?

33.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PEBK ($27.06) is trading below our estimate of fair value ($40.93)

Significantly Below Fair Value: PEBK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PEBK is good value based on its PE Ratio (10.3x) compared to the US Banks industry average (10.8x).

PE vs Market: PEBK is good value based on its PE Ratio (10.3x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PEBK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PEBK's PB Ratio (1.1x) is in line with the US Banks industry average.


Future Growth

How is Peoples Bancorp of North Carolina forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.9%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Peoples Bancorp of North Carolina has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Peoples Bancorp of North Carolina performed over the past 5 years?

8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEBK has high quality earnings.

Growing Profit Margin: PEBK's current net profit margins (21.9%) are higher than last year (19.1%).


Past Earnings Growth Analysis

Earnings Trend: PEBK's earnings have grown by 8.1% per year over the past 5 years.

Accelerating Growth: PEBK's earnings growth over the past year (31.7%) exceeds its 5-year average (8.1% per year).

Earnings vs Industry: PEBK earnings growth over the past year (31.7%) underperformed the Banks industry 36%.


Return on Equity

High ROE: PEBK's Return on Equity (10.4%) is considered low.


Financial Health

How is Peoples Bancorp of North Carolina's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: PEBK's Assets to Equity ratio (11x) is moderate.

Allowance for Bad Loans: PEBK has a sufficient allowance for bad loans (275%).

Low Risk Liabilities: 96% of PEBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: PEBK has an appropriate level of Loans to Assets ratio (55%).

Low Risk Deposits: PEBK's Loans to Deposits ratio (63%) is appropriate.

Level of Bad Loans: PEBK has an appropriate level of bad loans (0.4%).


Dividend

What is Peoples Bancorp of North Carolina current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEBK's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: PEBK's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: PEBK's dividend payments have been volatile in the past 10 years.

Growing Dividend: PEBK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.6%), PEBK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

20.7yrs

Average board tenure


CEO

Lance Sellers (58 yo)

8.83yrs

Tenure

US$513,735

Compensation

Mr. Lance A. Sellers has been the Chief Executive Officer and President of Peoples Bancorp of North Carolina, Inc. since November 1, 2012. Mr. Sellers has been the Chief Executive Officer and President of...


CEO Compensation Analysis

Compensation vs Market: Lance's total compensation ($USD513.74K) is below average for companies of similar size in the US market ($USD1.10M).

Compensation vs Earnings: Lance's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: PEBK's board of directors are seasoned and experienced ( 20.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PEBK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Peoples Bancorp of North Carolina, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Peoples Bancorp of North Carolina, Inc.
  • Ticker: PEBK
  • Exchange: NasdaqGM
  • Founded: 1912
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$156.655m
  • Shares outstanding: 5.79m
  • Website: https://www.peoplesbanknc.com

Number of Employees


Location

  • Peoples Bancorp of North Carolina, Inc.
  • 518 West C Street
  • Newton
  • North Carolina
  • 28658
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:03
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.